As today's health and pension programs become increasingly varied and complex, plan sponsors are seeking experienced, cost-effective administrative firms to handle the day to day functions necessary to keep these programs running effortlessly. Recent trends show plan sponsors are having outside firms handle more and more of their administrative functions.
We provide a combination of skilled benefits consultants and leading systems technology. Our state-of-the-art systems allow us to maintain all benefits-related information in one centralized database. Therefore our consultants are able to handle complex benefit formulas, contribution schedules & reporting requirements for today's complex benefit designs. Additional benefits of using F&B Administration services helps the sponsor automate processes; reduce errors and possible compliance issues while improving customer services
Using a TPA provides numerous benefits to companies, including:
- Elimination of capital investments in constantly changing technology
- More time to focus on core business
- Reduced overhead costs by reducing office administration
- A high level of service from skilled professionals
The Fabian & Bryn web based services offers a combination of advanced services that are customized to meet each client's specific objectives.
Our online administrative services include customized open enrollment, real time explanation of benefits for medical claims and calculations of pension benefits, employer and employee access. This flexible approach allows F&B to tailor solutions to Plan Sponsor's benefit issues thus delivering greater value than packaged application service provider alternatives.